Common use of Contract Right; Expenses Clause in Contracts

Contract Right; Expenses. The right to indemnification conferred in this ARTICLE VII shall be a contract right. The Company may advance the expenses incurred by the indemnified Person in defending any such proceeding in advance of its final disposition, provided such Person agrees to repay any amount that it is ultimately determined such Person is not entitled to receive under this ARTICLE VII. 7.4

Appears in 1 contract

Samples: Joint Venture Agreement

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Contract Right; Expenses. The right to indemnification conferred in this ARTICLE VII IX shall be a contract right. The Company may advance the expenses Litigation Costs incurred by the indemnified any Person referred to in defending Section 9.4 any such proceeding proceeding, in advance of its final disposition, provided that such Person agrees to repay any amount that it is ultimately determined such Person is not entitled to receive under this ARTICLE VII. 7.4IX.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Harbin Electric, Inc)

Contract Right; Expenses. The right to indemnification conferred in this ARTICLE VII XII shall be a contract right. The Company may advance the expenses incurred by the indemnified Person in defending any such proceeding in advance of its final disposition, provided such Person Xxxxxx agrees to repay any amount that it is ultimately determined such Person is not entitled to receive under this ARTICLE VII. 7.4XI.

Appears in 1 contract

Samples: Operating Agreement

Contract Right; Expenses. The right to indemnification conferred in this ARTICLE VII XII shall be a contract right. The Company may advance the expenses incurred by the indemnified Person in defending any such proceeding in advance of its final disposition, provided such Person agrees to repay any amount that it is ultimately determined such Person is not entitled to receive under this ARTICLE VII. 7.4XI.

Appears in 1 contract

Samples: Operating Agreement

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Contract Right; Expenses. The right to indemnification conferred in this ARTICLE VII shall be a contract right. The Company may advance the expenses incurred by the indemnified Person in defending any such proceeding in advance of its final disposition, provided such Person agrees to repay any amount that it is ultimately determined such Person is not entitled to receive under this ARTICLE VII. 7.4.

Appears in 1 contract

Samples: Joint Venture Agreement (Shanghai Century Acquisition Corp)

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